Render Network (RNDR), one of the leading AI cryptocurrencies by market capitalization, has recently reached significant milestones and made key announcements. The project successfully migrated to the Solana (SOL) blockchain, introduced a comprehensive incentives program for node maintainers, and initiated…
FTX: In-Depth Analysis of Crypto Asset Transfers and Holdings of Sam Bankman’s Fried Empire
In this comprehensive analysis, we delve into the recent crypto asset transfers made by FTX, a leading cryptocurrency exchange. By examining the data provided by Lookonchain (@lookonchain), we gain valuable insights into the volume of assets transferred and the current…
Jack Dorsey,s Block Reports $44million in Bitcoin Profits
Block, a leading Bitcoin-focused fintech company spearheaded by Jack Dorsey, recently unveiled its third-quarter earnings report, which showcased a highly profitable quarter that exceeded analyst expectations. The report, published on November 2nd, highlighted Block’s impressive revenue of $5.62 billion in…
FTX, The Bankrupt Exchange transferred Solana tokens worth $187 million. Will it tank Solana price ?
In a series of rapid divestments, FTX, the beleaguered crypto exchange, has transferred approximately $316 million in digital assets to various crypto exchanges, as revealed by on-chain data. These transfers are part of FTX’s ongoing bankruptcy proceedings, aiming to compensate…
Financial Giant Fidelity Affirms Bitcoin’s Superiority Over Other Digital Assets – Barrons
Fidelity Investments, a globally renowned asset management firm, is reinforcing its confidence in the potential of bitcoin as an unparalleled form of currency. In a recent white paper authored by Chris Kuiper and Jack Neureuter, researchers at Fidelity Investments underscore…
Why did OpenSea investor Coatue slash NFT marketplace valuation by 90%?
In a surprising turn of events, non-fungible token (NFT) marketplace OpenSea has faced a significant blow to its valuation. Asset manager Coatue Management has reportedly slashed OpenSea’s valuation by a staggering 90%, as revealed in documents obtained by The Information.…
Grayscale Chainlink (LINK crypto) Trust Surges sees a Strong Institutional Demand
In the dynamic realm of cryptocurrencies, Chainlink’s LINK has emerged as a leading force, revolutionizing decentralized data networks. As institutional interest in Chainlink continues to gain momentum, a regulated investment product, Grayscale Chainlink Trust (GLNK), has captured the attention of…
Bitcoin ATMs are seen in Malls And Gas Stations Across The U.S – The Rise of Bitcoin ATMs from CNBC
According to CNBC, Bitcoin ATMs, or BTMs, have experienced a surge in popularity, with approximately 34,000 machines in the US during the crypto craze. However, this growth has also attracted criminals who exploit the speed of transactions for scams and…
Introducing ‘The Shib Magazine’: Your Weekly Dive into the Shiba Inu Crypto Ecosystem
In the ever-evolving world of cryptocurrencies and blockchain technology, the Shiba Inu ecosystem has emerged as much more than just a meme coin. With its commitment to regular updates and active community engagement, the project has significantly enhanced its practicality…
Navigating the Challenges of Blockchain Gaming: Halted Development, Financial Struggles, and Game Migrations
In the rapidly evolving landscape of blockchain gaming, developers face significant challenges that impact the progress and sustainability of their projects. This article delves into the hurdles experienced by the blockchain gaming industry, shedding light on games that have been…